Home Equity Line of Credit & Land Loans

With a Home Equity Line of Credit loan from OCCU… almost anything is possible!

Using the equity you’ve already built in your home can be a low cost option to tackle a home improvement project, college education, an awesome vacation, debt consolidation, medical expenses, etc.  With an OCCU Home Equity Line of Credit you can choose either a fixed or variable rate.  Apply  just once and access your credit limit for up to a full 12  years on a variable rate HELOC or a 5 year draw on a fixed rate HELOC.

Home Sweet Equity

  • Variable rates as low as 4.5% APR* and fixed rates as low as 4.75% APR*
  • Credit lines up to $200,000*
  • Convenient and easy access to funds
  • Borrow purchase-by-purchase up to your credit limit
  • Available on your primary home in Washington
  • Access your equity line for 12-years on a variable rate option or 5 years on a fixed rate
  • One time origination fee of $400 built into your home equity line of credit
  • No annual fee or prepayment  penalties
  • Possible tax deduction on interest paid – consult your tax adviser


*The APR-Annual Percentage Rate, rates are subject to change.  Loan is based on creditworthiness, occupancy, property loan to value. Other restrictions apply.  Subject to approval and must be a member in good standing.  Ask for details.  Please call us for your qualifying rate.

Land Loans – Loans Available in Washington State only.
WA Land Loans Fixed rate of 7.50% APR*

  • 7.50% APR*
  • 25% Down Required on all Purchases
  • Maximum Term: 180 Months (15 years)
  • Maximum Acreage: 40
  • OCCU Finances Raw Land

*Annual Percentage Rate. Financing up to 75% of the property’s value, or 75% of the purchase price is required on purchase transactions. For example; loan amount $100,000, down payment of 25%($25,000),1% processing fee (based on the amount financed). Third party fees may apply: appraisal ($500-$700), title insurance, filing fees and/or escrow incurred by OCCU during the loan process. No prepayment penalties or balloon payments. After the loan has been fully paid, a conveyance fee will be charged by Trustee Services Inc. to remove the Deed of Trust.





Tracy Dickinson, Home Loan Specialist
(360) 432-5212
(800) 426-5657

Contact us today for more information!  (360) 426-9701 or toll free at (800) 426-5657.

 View Our Most Current Rates